Securis Finance has received approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC).
The company aims to disburse Rs 100 crore in education loans in its first year, with a long-term goal of reaching Rs 1,000 crore by 2030.
Securis Finance plans to focus on providing accessible education loans with loan amounts ranging from Rs 50,000 to Rs 5 lakh.
Their technology-driven approach allows students to apply for loans online, track their application status, and receive personalized loan offers based on their unique profiles.